Financial Partners Group LLC Decreases Holdings in Lam Research Corporation $LRCX

Financial Partners Group LLC decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,517 shares of the semiconductor company’s stock after selling 383 shares during the period. Lam Research accounts for 3.1% of Financial Partners Group LLC’s holdings, making the stock its 14th biggest position. Financial Partners Group LLC’s holdings in Lam Research were worth $8,519,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Smallwood Wealth Investment Management LLC purchased a new position in shares of Lam Research during the 1st quarter valued at about $26,000. 1 North Wealth Services LLC purchased a new stake in shares of Lam Research in the 1st quarter valued at approximately $36,000. Rossby Financial LCC purchased a new stake in Lam Research during the 1st quarter worth approximately $37,000. Saudi Central Bank purchased a new stake in Lam Research during the 1st quarter worth approximately $37,000. Finally, Millstone Evans Group LLC purchased a new stake in Lam Research during the 1st quarter worth approximately $41,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 0.2%

Shares of Lam Research stock opened at $128.33 on Friday. The company has a fifty day simple moving average of $106.28 and a 200-day simple moving average of $90.20. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $133.57. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The stock has a market cap of $161.83 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 1.62 and a beta of 1.76.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.12. The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be paid a $0.26 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

Analyst Upgrades and Downgrades

Several research analysts have commented on LRCX shares. B. Riley boosted their price target on shares of Lam Research from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday. TD Cowen boosted their price target on shares of Lam Research from $100.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Raymond James Financial boosted their price target on shares of Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, September 20th. Finally, Oppenheimer boosted their price target on shares of Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Twenty analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.35.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.